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Turkey, KRG Sign Landmark Energy Contracts
Iraq >> 11/29/2013 - Turkey and Iraqi Kurdistan signed a package of landmark contracts earlier this week that will see the semi-autonomous region's oil and gas exported via pipelines through Turkey, sources close to the d...
Baghdad Glad Ankara Didn’t Sign Illegal Kurd Deal
Iraq >> 11/28/2013 - Baghdad appreciates Turkey's decision not to sign any oil export deal with Iraq's northern Kurdistan region, after meetings between the two this week, as such exports would be illegal, it said. ...
Libya Oil Workers to Reopen Ras Lanuf
Libya >> 11/28/2013 - Libyan oil workers are negotiating with armed protesters blocking oil terminals in the east to reopen the second-largest port as popular frustration grows against militias controlling parts of the cou...
Alderley to declare capabilities at BASRA Conference
Iraq >> 11/25/2013 - Alderley will be exhibiting at the 4thBASRA Oil and Gas Conference and Exhibition at the Basra International Fairground in December 2013. ...
Turkey Talks to Baghdad on Escrow Account for KRG Oil
Iraq >> 11/21/2013 - Turkey is still in talks with Baghdad on a proposed escrow account for oil revenues from Iraqi Kurdistan, Turkey's Energy Minister Taner Yildiz said. ...
Tethys Wins World Finance Award-Best Exploration and Production Company Asia 2013
Tethys Wins World Finance Award-Best Exploration and Production Company Asia 2013 Kazakhstan >> 11/21/2013 - Tethys Petroleum Limited (Tethys or the Company) is proud to announce that it has won the prestigious World Finance Oil & Gas Award for the Best Exploration and Production Company, Asia 2013. Dr. Davi...
Turkey Acts as A Broker in Iraqi Oil Revenue Share
Iraq >> 11/15/2013 - Turkey has proposed oil revenues from Iraqi Kurdistan be collected in an escrow account at a Turkish state bank and then distributed between the regional government and the central government in Baghd...
Iraqi Tribes Say Lukoil Project Must Fuel Better Life
Iraq >> 10/31/2013 - Sheikh Mansour Hamid al-Imara clutches his prayer beads and watches a huge new oil facility nearing completion across the road from his village, hoping that Russian operator Lukoil will offer his poor...
Baker Hughes Awarded Long-term Contract with PETRONAS
Malaysia >> 10/23/2013 - Baker Hughes Incorporated announced that PETRONAS Carigali Sdn. Bhd. (PCSB) has entered into a long-term Oilfield Service Agreement (OFSA) with Baker Hughes to enhance the recoverable reserves and pro...
Iraq Ministry of Oil Established Three Oil Companies
Iraq >> 9/30/2013 - The Iraqi ministry of oil announced for the establishment of three general companies specialized in the oil services and crude oil & gas pipelines. ...
Oil Sheen Found in the Frade Oil Field in Brazil
Brazil >> 9/20/2013 - INPEX CORPORATION has been engaged in oil field operations, through FJPL, an equity-method affiliate of INPEX, at the Frade oil field in the Campos Basin offshore Brazil together with Chevron (Operato...
Baghdad Rejects Nineveh Bid to Sign Oil Deals Directly
Iraq >> 9/19/2013 - The local authority in an Iraqi province handed its governor power to sign deals with foreign oil firms independently of the central government, which rejected the move as unconstitutional. ...
Gaffney Cline Will Assess Benakat Barat Reserves
Indonesia >> 9/16/2013 - Interra Resources Limited wishes to announce that it has commissioned Gaffney Cline & Associates (Consultants) Pte. Ltd. (GCA), to provide an independent assessment of the reserves and resources of th...
Kurds Seek Funds From Oil Companies for Syria Refugees
Iraq >> 9/15/2013 - Iraqi Kurdistan has asked oil companies operating in the autonomous region for $50 million to help deal with an influx of refugees from Syria that has put a strain on its resources. ...
Addax Loses Court Ruling on Gabon Oil Licence
Gabon >> 9/13/2013 - Addax Petroleum, owned by top Chinese refiner Sinopec , has lost a ruling at an international tribunal as part of a $1 billion legal battle over an oilfield in Gabon, a confidential document showed. ...
Western Oilmen in Iraq Brace for Syria Backlash
Iraq >> 9/11/2013 - Sheltering in a bomb-proof safe room in a heavily-fortified office in Baghdad is the new reality for a senior Western oil executive who runs one of Iraq's oilfield mega-projects. ...
BP Set to Sign Deal to Revive Iraq's Kirkuk Oilfield
Iraq >> 8/28/2013 - BP (BP.L) expects to sign an initial deal in early September to revive Iraq's northern Kirkuk oilfield, an industry source said, a move that could affect regional politics because the field straddles ...
EOT is Responsible for Timahdit Oil Shale Studies
Morocco >> 8/19/2013 - San Leon was awarded a 36 km2 Timahdit oil shale block in Morocco for two years to evaluate the commercial viability of a surface retorting project. Following from this, the current partnership betwee...
Hungary's Mol 'Close' to Production at Shaikan Field
Iraq >> 8/13/2013 - MOL Group reported that, In Downstream, the positive effect of seasonally stronger demand and sales was weakened by deteriorating external conditions such as narrower motor fuel crack spreads, a shrin...
Iraqi Kurd President Makes Symbolic Baghdad Visit
Iraq >> 7/7/2013 - The president of Iraqi Kurdistan, Masoud Barzani, visited Baghdad for the first time in more than two years, in a symbolic step to resolve disputes between the central government and the autonomous re...

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